- Profitable: $300k+ EBPITDA - High Growth Potential - Vendor Finance Available - Asking $925k (Negotiable) - Includes $550k in Assets
Unlock a lucrative revenue stream with this thriving event hire business. Currently achieving over $300,000 EBPITDA and poised for further growth in the upcoming year.
Located in a strategic Auckland area, this business benefits from existing relationships with key clients, including corporate, commercial, and private clients. One major client, contributing 63% of its revenue in FY24 and also on a growth trajectory, is set to contract future business, ensuring continued turnover and success. With a stable gross profit margin of 52%-55%, it offers consistent profitability.
Perfect for a hands-on operator or a husband-and-wife team, this business thrives during peak seasons while allowing for a balanced lifestyle during quieter times. Included in the sale are physical assets valued at $550,000 and a secure tenancy with renewal options until 2038.
Don't miss out on this incredible opportunity to own a business with strong market presence, serving a diverse range of corporate, commercial, and private clients, and exceptional growth potential!
For more information about this business, please visit the Barker Business Brokerage website, search reference number 3639 and submit the online Confidentiality Agreement. Once Bridget receives your expression of interest she will be in touch regarding further information about this opportunity.
*Source of information - Supplied by the Business Owner. Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2024.